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Business, 30.10.2019 06:31 tddreviews

Bank a quotes a bid rate of $.300 and an ask rate of $.305 for the malaysian ringgit (myr). bank b quotes a bid rate of $.306 and an ask rate of $.310 for the ringgit. what will be the profit for an investor who has $500,000 available to conduct locational arbitrage? group of answer choices
a. $500
b. $1,639
c. $2,041
d. $9,804

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Bank a quotes a bid rate of $.300 and an ask rate of $.305 for the malaysian ringgit (myr). bank b q...
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